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 SAIF ZONE PLEDGES SUPPORT FOR SHERAA’S GROWING ECOSYSTEM OF ENTREPRENEURS

15/02/2017

His Excellency Sheikh Khaled bin Abdulla bin Sultan Al Qasimi, Chairman of Sharjah Airport International Free Zone (SAIF ZONE), was amongst the host of dignitaries who witnessed the unveiling of the first batch of 10 teams of Sheraa (Sharjah Entrepreneurship Center) and pledged their support for its growing ecosystem of entrepreneurs.  At an event held at the American University of Sharjah, and in the presence of HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and

Ruler of Sharjah, Sheraa's shortlisted teams who have completed the inaugural accelerator program outlined the potential of their ideas that comprised a diverse mix of industries encompassing 'sharing economy', video gaming, Arabic content, handicraft, food and beverages (F&B), energy and skill development. These 10 teams were shortlisted by Sheraa following stringent screening for innovativeness, commercial viability and potential impact. They then underwent an intensive 4-month training and mentorship program. The new startups were supported with seed funding, trade license, office-space and access to customers amongst other benefits. Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), said: "While Sharjah is celebrated for its rich history, arts and architecture, platforms like Sheraa shine a light on the Emirate as a hub for young entrepreneurial talent. We are proud of the teams who entered the accelerator as students but are now graduating as confident entrepreneurs. We look forward to their innovative ideas taking shape and form and positively impacting our lives."